Group Personal Accident (GPA) Policy – Sum Insured Standards Across Levels

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Hi everyone,

We’re currently evaluating the Group Personal Accident (GPA) policy for our employees and I’d love to understand how other organizations structure this.

Specifically, I’m looking to know:

  1. What is the sum insured amount provided under your GPA policy?
  2. Is the sum insured uniform across all employee levels/bands, or does it vary by designation, grade, or salary band?
  3. If it varies, could you please share the basis of this variation (e.g., percentage of CTC, job level, seniority, etc.) and indicative sum insured for each level?

Any benchmarks, best practices, or insights on how you’ve arrived at your structure would be really helpful.

Thanks in advance!

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Group Personal Accident (GPA) Policy sum insured standards vary based on the coverage level and employee roles. Typically, sum insured amounts range from ₹1 lakh to ₹50 lakhs or more per individual, depending on the company’s risk profile, employee designation, and budget. Higher levels offer greater financial protection for accidental death, permanent disability, and medical expenses. Employers usually choose coverage tiers to balance adequate protection with affordable premiums.

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